69 Geil Street, Salinas, California 93901, Salinas, 93901 - 4 bed, 2 bath
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Salinas, California 93901
This 1890 Victorian is a Strong Value Opportunity, listed at $850,000—positioned well below the $896,864 Fair Market Value by 5%. This valuation gap offers $46,864 in Instant Equity. Featuring a Condition Rating of 3, the home offers modern updates like a granite kitchen alongside Multifamily Zoning and significant ADU potential on a 10,400 sq. ft. lot. With mountain views and proximity to Salinas High, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 69 Geil Street Subject | $850,000* List Price | 4 | 2 | 1,736 | $517 | - |
A 710 Campus Avenue Sold | $748,000 | 4 | 2 | 1,661 | $450 | 1.0 mi |
B 1211 Via Paraiso Sold | $910,000 | 3 | 2 | 1,792 | $508 | 1.0 mi |
C 551 San Felipe Street Sold | $845,000 | 3 | 2 | 1,695 | $499 | 0.8 mi |
D 15 Del Rey Circle Sold | $940,000 | 4 | 3 | 2,108 | $446 | 0.6 mi |
E 14 San Juan Drive Sold | $775,000 | 2 | 2 | 1,306 | $593 | 0.5 mi |
F 333 Hawthorne Street Sold | $842,000 | 3 | 2 | 1,511 | $557 | 0.7 mi |
G 22 San Juan Drive Active | $800,000 List Price | 2 | 2 | 1,637 | $489 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite being built in 1890, the property is well-maintained and move-in ready. The kitchen has been updated with granite countertops and stainless steel appliances (including a new stove), suggesting a renovation within the 5-15 year range. The interior features refinished hardwood floors and updated paint, meeting the criteria for a functional, well-preserved home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10400, living area = 1736.
The oversized 10,400 sq. ft. lot is zoned for multifamily use with significant ADU potential, offering exceptional value for investors or those seeking multi-generational living solutions.
Ideally situated just steps from Salinas High School and blocks from Old Town Salinas, the property boasts high walkability to dining, shopping, and the Steinbeck Center.
Given the home's 1890 construction, buyers should anticipate potential ongoing maintenance costs associated with aging systems and historic preservation requirements.
The property has undergone multiple price reductions since its initial listing, which may suggest a disconnect between the original asking price and current buyer valuations.
Zoned MULTIFAMILY with ADU potential NOW VACANT and move-in ready! On a rare 10,400 sq ft lot. One of the largest in the area. Recently updated while keeping its authentic Victorian charm, spacious rooms with natural light, classic period details,+ new stove. Ideal for multi-generational living. GATED home with private parking! Oversized single car garage. 1 space in garage 2 behind gate and 1 in front of gate! The expansive lot features lush gardens, mature fruit trees (lemons, apples, figs), raised beds, shade trees, and a deck for entertaining, great for extra living space, rental income, or family expansion. A rare opportunity for contractors and South Salinas investors. 1 hr drive Silicon Valley commuter. Discover this charming 1890 Victorian home in desirable 93901. This beautifully preserved 4 bed, 2 bath home (1,736 sq ft) perfect for families, gardeners, and investors. Prime Location Steps from Salinas High School and just blocks from Old Town Salinas, the Steinbeck Center, shops, dining, and parks. Whether you're a Victorian lover, growing family, or investor seeking large-lot ADU potential. Price $850,000 after a major reduction Get your piece of Salinas history. Schedule your showing today! Buyer to verify all details, zoning, and ADU possibilities.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.5 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 78% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,736 | 1,622.5 | 67% |
| Lot Size | 10,400 | 6,800 | 97% |
| Price | $850.0K | $815.0K | 72% |
| Price per sq ft | $490 | $509 | 39% |
| Built year | 1890 | 1959 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 127 | 3% |
Jun 1, 2026
$850,000
$898,069
-5% Price Drop
Initial Listing
May 30, 2026
$898,069
$899,000
+0% Price Increase
Initial Listing
May 7, 2026
$899,000
Initial Listing
Jul 20, 2020
$645,000
Public Record
May 24, 2017
$540,000
Public Record
Nov 20, 2015
$495,000
Public Record
May 23, 2012
$180,000
Public Record
Jan 10, 2003
$323,000
Public Record